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(Transportation-News.com, January 10, 2018 ) Smart weapons is a military term that is used for the weapons that are able to guide themselves to the target with the help of onboard computers. Weapons such as bombs and projectiles guided by lasers have higher accuracy in hitting the target as compared to the normal weapons.
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Increase in the terrorist activities globally, thereby increasing the need for a better and modernized weapons, is one of the major driver for the growth of smart weapons. However, certain regulations in some countries regarding the export of such product can act as restraining factor in the market. The growing trend in the smart weapons market is the development initiative that has been taken to incorporate biometric technology in the weapons such as palm print scanners or voice recognition.
Smart Weapons Market Key Players
1. Lockheed Martin Corporation
2. Raytheon Company
3. MBDA
4. General Dynamics Corporation
5. Orbital ATK
6. BAE Systems PLC
7. The Boeing Company
8. Thales Group
9. Textron Inc.
10. Rheinmetall AG.
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Key Questions Answered In This Report
– What will the market size be in 2025 and what will the growth rate be?
– What are the key market trends?
– What is driving this market?
– What are the challenges to market growth?
– Who are the key vendors in this market space?
– What are the market opportunities and threats faced by the key vendors?
– What are the strengths and weaknesses of the key vendors?
Key Insight of Smart Weapons Market
- Historical and Future Market
- Supply and Demand
- Price and Cost
- Drivers and Challenges
- Key Vendors
- Market Strategies
- Industry Value Chain
- Regions
Complete Report is Available at http://www.theinsightpartners.com/reports/smart-weapons-market
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